Bam Bam Resources Corp (CSE:BBR) (OTCPINK:NPEZF) (FRA:4NPB) has announced that an additional 1.9 square miles of private mineral land rights have been added to the Majuba Hill project in Nevada.
The company said it has acquired an additional 1,200 acres of private mineral and surface rights, bringing the project to a total size of 15.1 square miles or 9,678 acres.
Bam Bam added that this new land further centralizes control of the emerging porphyry copper district under its umbrella.
READ: Bam Bam Resources says drill findings show potential to expand known mineralization at Nevada project
"I am pleased that we control the land package at the Majuba Hill District,” said CEO David Greenway in a statement.
“Adding Section 27 and Section 33 means that over 26% of our land holdings at Majuba are on private ground, providing us much greater flexibility as we proceed with our 2021 drilling plans. The additional private land continues our strategy of controlling the Majuba Hill district size porphyry project. The goal for 2021 is to continue drilling to define the true depth and size of the deposit."
Majuba Hill is a large contiguous land position controlling the emerging Majuba Hill Copper District, located northeast of Reno, Nevada. The district is comprised of extensive mineral and surface rights held by private ownership, patented mining claims, and Federal Lode Mining claims that are 100%-controlled by Bam Bam.
The property is easily accessed via 23 miles of well-maintained dirt roads leading from US Interstate 80. Reno and Elko are the major supply centers for exploration and mining activities in Nevada and the existing highways are sufficient for transportation of exploration-size heavy equipment along with Union Pacific railroad tracks and adjacent power, natural gas, and fiber optic transmission lines in the rail-highway corridor.
Mining is a common occupation in the area with several small to world-class mines operating in the Winnemucca-Lovelock area over the past several decades. A well-trained and experienced mining workforce pool is available in Nevada when labor and expertise are required.
The excellent location of the Majuba Hill property, with already existing mining-friendly infrastructure, will significantly reduce costs for exploration programs and future mining activities, Bam Bam said.
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